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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Interest and Dividend Income:      
Interest and fees on loans $ 44,817 $ 49,189 $ 40,688
Interest and dividends on securities:      
Taxable 3,530 4,044 4,595
Tax-exempt 4,213 4,280 3,646
Dividends 245 213 131
Other interest income 151 80 127
Total interest and dividend income 52,956 57,806 49,187
Interest Expense:      
Interest on deposits 5,460 6,843 7,203
Interest on short-term borrowings 40 150 325
Interest on long-term borrowings 329 335 229
Interest on trust preferred capital notes 754 813 1,023
Total interest expense 6,583 8,141 8,780
Net Interest Income 46,373 49,665 40,407
Provision for Loan Losses 294 2,133 3,170
Net Interest Income after Provision for Loan Losses 46,079 47,532 37,237
Noninterest Income:      
Trust fees 3,689 3,703 3,561
Service charges on deposit accounts 1,750 1,757 1,963
Other fees and commissions 1,864 1,768 1,510
Mortgage banking income 2,008 2,234 1,262
Securities gains (losses), net 192 158 (1)
Impairment of securities 0 0 0
Other 1,324 1,790 949
Total noninterest income 10,827 11,410 9,244
Noninterest Expense:      
Salaries 14,059 15,785 12,409
Employee benefits 3,848 3,604 2,681
Occupancy and equipment 3,614 3,951 3,199
FDIC assessment 647 692 651
Bank franchise tax 745 690 763
Core deposit intangible amortization 1,501 1,935 1,282
Data Processing 1,248 512 0
Software 923 1,028 855
Foreclosed real estate, net 1,523 528 296
Merger related expenses 0 19 1,607
Other 6,997 7,899 6,257
Total noninterest expense 35,105 36,643 30,000
Income Before Income Taxes 21,801 22,299 16,481
Income Taxes 6,054 6,293 4,910
Net Income 15,747 16,006 11,571
Dividends on preferred stock 0 0 103
Net income available to common shareholders $ 15,747 $ 16,006 $ 11,468
Net Income Per Common Share:      
Basic (in dollars per share) $ 2.00 $ 2.04 $ 1.64
Diluted (in dollars per share) $ 2.00 $ 2.04 $ 1.64
Average Common Shares Outstanding:      
Basic (in shares) 7,872,870 7,834,351 6,982,524
Diluted (in shares) 7,884,561 7,845,652 6,989,877